The influx of Irish-registered companies to Malta and the prominent visits by Irish government officials is a clear sign of the increasingly warm relations between the two countries. For a country such as Malta, with a small open economy, such links are vital to its prosperity, as are the rich resources that both islands hold. […]
The Malta Individual Investor Programme (hereinafter referred to as the ‘IIP’) shall allow for the grant of citizenship by a certificate of naturalization to foreign individuals and their families who contribute to the economic development of Malta. Eligible applicants will be required to contribute €650,000 and €25,000 for spouses and children below the age of […]
The Maltese Government has introduced a residency scheme in July 2013, with the main aim of attracting wealthy individuals seeking to obtain residence in Malta. To this end the programme is termed the Global Residence Programme (GRP). The scheme is particularly appealing to non-EU nationals who sought to obtain residence in Malta under the previous […]
At a general meeting held on June 16, 2015 at Europe House in Valletta, civil society organisations that participate in the MEUSAC sectoral committees chose three representatives to represent the interest of civil society on the MEUSAC Core Group. The MEUSAC Core Group is made up of government officials, the three main political parties, the social […]
The Micro-Invest Scheme is aimed to encourage Maltese undertakings to invest in their business, enhance innovation, expansion, and implementation of compliance directives or develop their operations. Undertakings, including self-employed individuals, benefitting under the scheme will be supported through tax credits. Click here for the full article. Spiteri Bailey & Co.
WDM International is pleased to announce that with effect from 1st January 2015, Dr. Jonathan De Giovanni was admitted to partnership of the firm, taking up the role as Partner responsible for Legal and International Tax Services. Dr. De Giovanni graduated as Doctor of Laws in 2009 defending a thesis entitled ‘Domestic and Treaty based […]
With a view of incentivising individuals to invest in private pension and to encourage the provision of adequate revenues during retirement, the Minister for Finance, Prof. Edward Scicluna recently launched the Third Pillar Pension Scheme, referred to as the Personal Retirement Scheme. This scheme is supplemented by another scheme, namely the Individual Savings Account. Both […]
Malta has nearly completed its new regulations which will draw together the special purpose reinsurer concept with protected cells. Cell companies have been an established feature of Maltese legislation since 2004, following the enactment of the Companies Act (Cell Companies carrying on business of insurance) Regulations, 2004. Moreover, the island is one of the domiciles […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce George M. Hyzler of GVTH Advocates. George has joined IR as our exclusive Immigration and Corporate Law Member in Malta. George graduated Doctor of Laws from the University of Malta in 1979 and obtained a Diploma in European Integration from the […]
Malta has been described to me by some of my clients as a very well kept secret . While I am not sure that this is a good thing for us practitioners it is true that our tax system offers a myriad of opportunities for cross border tax planning which are only just beginning to […]
We have the pleasure to announce that Simon Ciantar Managing Partner at Ciantar Associates has been approved as an Accredited Person by the Identity Malta Agency, the Government agency responsible for the Malta Individual Investor Programme (IIP) In January 2014 Malta launched a programme for foreigners wishing to become naturalised in Malta. In this programme […]
Dear International Referral members, Last Friday, our firm, Spiteri Bailey & Co., a fellow International Referral Member providing financial services in Malta has launched a new website which I invite you and your colleagues to view and revert with any feedback if any. http://www.spiteribailey.com We look forward to continue to strengthen our relationship in the […]